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Orion Group (ORN) EVP & General Counsel awarded 20,169 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Earle Edward Chipman reported acquisition or exercise transactions in this Form 4 filing.

Orion Group Holdings Inc reported that EVP & General Counsel Edward Chipman received a grant of 20,169 shares of Common Stock on March 3, 2026. The transaction was recorded at a price of $0.0000 per share, indicating it is an equity award rather than an open‑market purchase.

According to the disclosure, Chipman held 145,926 shares of Common Stock directly following this grant. A footnote states that these restricted shares are scheduled to vest ratably on April 1, 2027, April 1, 2028, and April 1, 2029, meaning the award becomes fully available to him over this three-year period.

Positive

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Earle Edward Chipman

(Last) (First) (Middle)
2940 RIVERBY ROAD
SUITE 400

(Street)
HOUSTON TX 77020

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Orion Group Holdings Inc [ ORN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & GENERAL COUNSEL
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/03/2026 A 20,169 A (1) 145,926 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This grant of restricted shares is scheduled to vest ratably on April 1, 2027, April 1, 2028 and April 1, 2029.
/s/ E. Chipman Earle 03/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Orion Group Holdings (ORN) report for Edward Chipman?

Orion Group Holdings reported that EVP & General Counsel Edward Chipman received a grant of 20,169 shares of Common Stock on March 3, 2026. The equity award was recorded at $0.0000 per share, indicating a compensatory grant rather than an open-market trade.

How many Orion Group Holdings (ORN) shares does Edward Chipman hold after this grant?

After the March 3, 2026 restricted stock grant, Edward Chipman is reported to hold a total of 145,926 shares of Orion Group Holdings Common Stock. This total includes the newly awarded 20,169 restricted shares that vest over the following three years.

What are the vesting dates for Edward Chipman’s new Orion (ORN) restricted shares?

The 20,169 restricted shares granted to Edward Chipman are scheduled to vest in three equal annual installments. The vesting dates are April 1, 2027, April 1, 2028, and April 1, 2029, as disclosed in the accompanying footnote to the transaction.

Was cash paid for Edward Chipman’s Orion Group (ORN) share grant?

The reported transaction price for Edward Chipman’s 20,169-share grant is $0.0000 per share, indicating no cash consideration was paid. This structure is typical for restricted stock awards provided as part of executive compensation programs rather than through open-market purchases.

Is Edward Chipman’s Orion (ORN) stock award a buy or an acquisition grant?

The filing classifies Edward Chipman’s transaction as an acquisition through a grant or award, not an open-market buy. The Form 4 uses transaction code “A” and describes it as a grant, award, or other acquisition of 20,169 restricted Common Stock shares.
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